TMX Group CEO Pushes Planned Retirement to End of October

Exchange Operator Continues Search for Tom Kloet's Successor

TMX Group Ltd. said Tuesday that Tom Kloet has agreed to remain as chief executive of Canada's flagship exchange operator until the end of October instead of retiring at the end of this month, as planned.

Toronto-based TMX said its board continues to search for a replacement for Mr. Kloet, who announced in March that he would retire after six years at the helm of the exchange operator.